2013 ORS § 390.063¹
Lottery bonds for state park projects

The Legislative Assembly declares that the purpose of ORS 390.060 (Definitions for ORS 390.060 to 390.067) to 390.067 (Request for issuance of state park lottery bonds) is to authorize lottery bonds for state park projects. The lottery bonds authorized by ORS 390.060 (Definitions for ORS 390.060 to 390.067) to 390.067 (Request for issuance of state park lottery bonds) shall be issued pursuant to ORS 286A.560 (Definitions for ORS 286A.560 to 286A.585 and 327.700 to 327.711) to 286A.585 (Lottery bonds for community sports facilities). The obligation of the State of Oregon with respect to the bonds and with respect to any grant agreement or other commitment authorized by ORS 267.334 (Electoral approval for issuance of general obligation bonds by Tri-Met to fund extension of light rail), 285B.410 (Definitions for ORS 285B.410 to 285B.482), 285B.422 (Funding to municipalities for development projects), 285B.482 (Revenue bonds as parity bonds), 285B.530 (Definitions for ORS 285B.530 to 285B.548) to 285B.548 (Amount of infrastructure lottery bonds) and 390.060 (Definitions for ORS 390.060 to 390.067) to 390.067 (Request for issuance of state park lottery bonds) shall at all times be restricted to the availability of unobligated net lottery proceeds, proceeds of lottery bonds and any other amounts specifically committed by ORS 286A.560 (Definitions for ORS 286A.560 to 286A.585 and 327.700 to 327.711) to 286A.585 (Lottery bonds for community sports facilities). Neither the faith and credit of the State of Oregon nor any of its taxing power shall be pledged or committed to the payment of lottery bonds or any other commitment of the State of Oregon authorized by ORS 390.060 (Definitions for ORS 390.060 to 390.067) to 390.067 (Request for issuance of state park lottery bonds). [1997 c.800 §1; 1999 c.44 §22; 2005 c.835 §31; 2007 c.783 §178a]

Note: See note under 390.060 (Definitions for ORS 390.060 to 390.067).